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While recent accounts of Harvard’s financial affairs seem to border on cataclysmic, some finance experts question whether the University’s investment decisions resulted from a lack of foresight as suggested by some media outlets.A recent Forbes cover story stated that Harvard’s “supremely self-confident money managers” were in a “cash-raising panic” after billions of dollars in derivatives investments went sour—forcing the University to post collateral it did not have. The dire situation, the article said, forced Harvard...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Debt Sales Draw Mixed Reactions | 3/31/2009 | See Source »

...layoffs are likely to have detrimental effects: given the current economic state, it will be much more difficult for laid-off workers to find new jobs, and those who will be unemployed as a result of the layoffs may further burden the city’s homeless shelters and food-assistance programs. Since Harvard has a stake in the community, it should be mindful of these effects when it decides on what budget cuts to make. But Harvard is still one of the largest employers in the state, and, even in spite of necessary layoffs, it will continue to provide...

Author: By The Crimson Staff | Title: Lay Off Our Budget | 3/31/2009 | See Source »

Until now, neither had really put together the type of season he knew he was capable of producing. But while the players have both made huge strides this year, their improvements have been the result of two very different approaches...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: Rogers, Douglas Ignite Crimson | 3/31/2009 | See Source »

...Franklin D. Roosevelt, one of the most widely-traveled U.S. presidents in history, journeyed all over the world to confer with leaders about the conflict. In 1945, near the end of WWII, he attended the Yalta Conference in the Soviet Union with the other Allied leaders, and the end result was the partition of Germany and the creation of the United Nations. Dwight D. Eisenhower, fulfilling a campaign promise, traveled to Korea as President-Elect in December 1952 - the Korean War ended seven months later. And, of course, Ronald Reagan helped bring the Cold War to a close when...

Author: /time Magazine | Title: Presidents Abroad | 3/31/2009 | See Source »

Sheik Hamid, the Anbar Awakening member, has little doubt that Mashhadani was "double-dealing with terrorists." The sheik says he and many other Sahwa leaders have repeatedly cautioned the Interior Ministry about terrorist infiltration of the Sahwa, but their warnings have largely gone unanswered. As a result, Sheik Hamid is taking his own precautions. "We will move our platoons to face off against them. If the government doesn't take any action, we will be forced to," he says. "Let them come out and face us. We have fought them before...

Author: /time Magazine | Title: Al-Qaeda Infiltrating Pro-U.S. Militias in Iraq, Sources Say | 3/31/2009 | See Source »

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